Residential
Residential in Houston, TX
Secure your Residential in Houston with a lender who understands the local landscape. We serve all of Harris County, including Montrose and River Oaks, offering fast approvals and personalized service.
Key Facts About Residential
CMRE Conventional Mortgages offer loan-to-value ratios up to 97%.
CMRE requires a minimum FICO score of 620 for conventional loans.
Conventional loans from CMRE cover single-family homes through 4-unit properties.
CMRE processes conventional loan applications in as few as 21 days.
PMI cancels automatically once equity reaches 20% on CMRE conventional loans.
CMRE Residential offers competitive rates for qualified borrowers.
CMRE processes Residential in 21-30 days from application.
CMRE offers cross-collateral options for Residential.
Program Benefits
Competitive interest rates starting at 6.875%
Loan options for a wide range of credit profiles, starting at a 620 FICO score
High Loan-to-Value (LTV) options, up to 97%
Flexible terms to fit your budget and financial goals
Expert guidance throughout the entire loan process
Streamlined application process for a hassle-free experience
Program Highlights
Max LTV
97%
Min Credit Score
620
Max DTI
45%
Loan Amount Range
$50,000 - $3,000,000
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
- Modular Home
Program Requirements
Income Documentation
- •Consistent employment history or stable income sources
- •Sufficient income to cover monthly mortgage payments and other debts
- •Documentation of income, such as pay stubs, W-2s, or tax returns
Asset Verification
- •Sufficient funds for down payment and closing costs
- •Verification of assets through bank statements or other financial documents
- •Reserves may be required depending on loan type and borrower profile
Insurance & Title
- •Homeowner's insurance to protect against property damage
- •Flood insurance may be required if the property is in a flood zone
- •Mortgage insurance may be required depending on loan type and down payment amount
Property Requirements
- •Minimum FICO score of 620
- •Review of credit history to assess creditworthiness
- •Stable credit history with a limited number of past delinquencies
Residential in Houston: The Complete Guide
What Is Residential?
A residential mortgage is a loan used to finance the purchase of a home. It's a secured loan, meaning the lender has a claim on the property if you fail to make payments. Mortgages typically have fixed or adjustable interest rates, and repayment terms ranging from 10 to 30 years. Understanding the different types of mortgages available is crucial to selecting the right one for your financial situation.
Who Qualifies for Residential?
- •Income documentation varies: W-2, 1-Year Tax Return (Freddie Mac), bank statement, VOE-only, or P&L options available through CMRE.
- •Credit requirements depend on specific Residential guidelines — CMRE evaluates your full profile.
- •Down payment assistance programs can be combined with Residential for eligible borrowers.
- •Cross-collateral options: leverage existing property equity to reduce your down payment.
Residential vs. Other Options
- •CMRE compares Residential against FHA, VA, and other residential programs to find lowest total cost.
- •Factors: credit score, down payment, self-employment status, property type, ownership period.
- •For self-employed: CMRE's VOE-only and P&L programs may provide better qualification.
- •CMRE runs multiple scenarios and recommends the program with best long-term value.
Apply for Residential with CMRE
- •Step 1: Pre-qualification online, by phone, or via Instant Advisor.
- •Step 2: Pre-approval with documentation — issued within 24 hours.
- •Step 3: Property search — CMRE coordinates with your agent.
- •Step 4: Processing and underwriting in 14-21 days.
- •Step 5: Closing in 21-30 days total from application.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Residential in Houston, TX
Houston's trusted mortgage partner. Serving The Heights, River Oaks, and the greater Houston area with competitive rates. Custom Mortgage & Real Estate specializes in providing high-fidelity Residential solutions tailored to the unique economic landscape of Houston and the surrounding Harris County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireHouston metropolitan area.
Service Areas & Neighborhoods
Our Houston Presence
Local Knowledge. Global Rates.
2800 Post Oak Blvd
Houston, TX 77056
Direct Line
877-976-5669Common Questions About Residential in Houston
What are current Residential rates in Houston, TX?
Residential rates in Houston depend on loan amount, credit profile, and property type. CMRE publishes updated Houston rate ranges daily and provides locked quotes within 24 hours of application.
How long does Residential closing take in Houston?
CMRE typically closes Residential loans in Houston within 21-30 days from application. Pre-approval takes 24 hours, and our TX-licensed team coordinates title, escrow, and appraisal concurrently to save time.
What Houston neighborhoods qualify for Residential?
All residential neighborhoods in Houston and Harris County qualify for Residential through CMRE. Single-family homes, condos, townhomes, and 2-4 unit properties are eligible. Our local team can advise on specific HOA or condo project approval requirements.
Does CMRE offer first-time buyer programs in Houston?
Yes. CMRE offers first-time homebuyer programs in Houston including down payment assistance, 3% down conventional, and FHA 3.5% options. TX residents may also qualify for state-specific grants and bond programs.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
The minimum down payment varies depending on the loan program and your individual circumstances. With our Residential loan program, down payments can be as low as 3% for qualified borrowers.
You will typically need to provide documentation of your income (pay stubs, W-2s, tax returns), assets (bank statements, investment account statements), and credit history. Additional documentation may be required depending on the specific loan program.
The approval process can vary, but it typically takes between 30 and 45 days from application to closing. Factors that can affect the timeline include the complexity of your financial situation and the lender's processing times.
Requirements vary. CMRE offers options as low as 3% for qualified borrowers and cross-collateral options that use existing property equity.
Yes. CMRE offers 1-Year Tax Return (Freddie Mac), bank statement, P&L, and VOE-only programs for self-employed.
CMRE typically closes in 21-30 days. Pre-approval within 24 hours.
Depends on program. CMRE also offers DSCR and bank statement investment-specific programs.
Rates vary by credit score, LTV, and market conditions. Contact CMRE for a personalized quote. NMLS #1556995.
Residential by Location
Get local rates, loan limits, and market data for Residential in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
